Tuesday, January 2, 2007

How Do You Know Which is The Best MLM Company?

Most multi level marketing companies will claim that they are the top of the industry. How do you know if they are telling the truth or not? If you follow a few tips, then you will be sure to get involved with the top multi level marketing company......FOR YOU.

First, check out how long they have been in business. If they have been doing business for at least five years, then they will probably be around for a while. If not, then you may be wasting your time and money by investing in a company that might close at any time. Don't be caught up in the pressure and hype of the newly launched "next best thing".

The company that you choose should have the capital to continue their growth and to pay your commissions. If you want to make sure that the company has that capital, then you could choose a publicly traded company. They are required by law to disclose their financial situation in minute detail to the SEC and other government agencies every 90 days.

You will likely want to go with a company that provides a product or service that is unique and one where there is a need for it. You do not want your potential customers to be able to buy the same product at a discount price in a store somewhere. In addition you do not want to have to deal with a lot of competition. Your product will also need to fill a real need and at a reasonable price or you will not be able to sell it and your business will fail.

Avoid products or services that are the current trend or fad. Once the trend or fad goes away your business will fail, too. You want to build long term income and trends and fads will not do it. Select a company that will allow you to earn an income right away. You can take this money and reinvest it in your marketing plan.

What about the person that signed you up or introduced you to the network marketing business? You will want to make sure that they are committed to helping you succeed in your business. If they are, then you have chosen a very strong company and their product is a good product, too. All of this will help you succeed at your multi level marketing business. Also, you will want the person that signed you up to be a sponsor rather than a recruiter. A sponsor will mentor you as you learn. A recruiter could leave you high and dry.

By following all of the above, you should be able to pick the top network marketing company FOR YOU.....to get you on your way to financial independence with your new business. Your sponsor will show you the right way to sell the product and if you use the product yourself, then you can give your personal experience to your customers. They will appreciate it.

Now....also keep in mind the fact that the top overall MLM company does not exist. Every company has pros and cons and different companies will be right for different people. There is no company that is right for everyone. period!

There is no hands-down, undisputed, number 1 network marketing company in the industry. Why? Simple really...Being #1 is all relative, and there are too many variables in what categorizes 'the best'. One company can have the 'best' comp plan, while another has the least amount of attrition (being the best in retention). One company may have a miracle product, while another has miracle team support and success. Make sense?

But when it comes to you deciding what's best for you, make a list of what's important in YOUR eyes and seek out a company that fullfills that expectation. Of course apply the practical analysis touched on above ....but also be sure to follow your heart. Without your passion involved whatever you choose will be a poor fit.

Also remember that there are two main home business categories...the network marketing company (or MLM) and the direct sales company. Both have their pros and cons, and that should be your first step...deciding if you like the MLM model or the direct sales model. From there, you can break it down further (ie. product, comp plan, team support, etc).

Do your homework and make sure that you join the company that holds the #1 title in YOUR eyes.

1 comment:

bobby said...

This is nice article that i understand that MLM business tips for success. when we follow the tips then sure to get involved with the top multi level marketing company. we need check out the business for at least five years. Then we need to see capital continue their growth on Network Marketing. Those information is useful for MLM Network Marketing